Make in India - An Initiative by Government in CSEET Syllabus
Make in India :
Businesses from across the globe, and not merely the Americas, consider Make in India as a breakthrough policy of the new India. The‘Make in India’ programme was launched in September 2014 soon after the Modi Government came to power.
As a national programme, the Make in India initiatives is aimed at transforming India into a global manufacturing hub, and contained a raft of proposals to attract investments from both local and foreign corporate houses in 25 key areas it has identified, such as:
(a) Automobiles
(b) Chemicals
(c) Information Technology
(d) Pharmaceuticals
(e) Textiles
(f) Aviation
(g) Leather
(h) Tourism
(i) Hospitality
(j) Wellness
(k) Railways
(l) Infrastructure
With this scheme, the government has increased the FDI limit in various industries to attract foreign investment and participation
It has established an investor facilitation centre to assist foreign businesses locate partners and sites, while a slew of measures have been initiated for domestic companies, which were revealed after Modi Government unveiled the ‘Stand Up India’ initiative in his Independence Day address in 2015.
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